Fleet Tracking System

Falling Gas Prices Don’t Change GPS Demand

gas prices drop

Reduce Fuel Use Company Vehicle

Any motorist that has passed by the gas station recently cannot help but notice the surge in gasoline prices over the past year. Fuel prices have been hitting record highs in many states, causing the presidential candidates to address the topic on nearly a daily basis. Thankfully, with the Summer travel months now in the rearview mirror, motorists are feeling some relief at the pump. This is because the trend has been a slow steady decline in gas prices in the past couple of weeks. Although it appears fuel costs will be falling as demand tends to fall during the cool months of Winter, many businesses are still not taking any chances. That is why companies with small and large automobile fleets are investing in real-time GPS trackers to assist in the oversight of fuel consumption.

Sadly, gas prices around and over four dollars a gallon appears to be the new normal. Well at least until fuel prices eventually reach five, six and who knows how many dollars per gallon. Understanding that even a short-term fall in gas prices will only postpone the inevitable long-term rise in fuel costs, companies with mobile assets are taking advantage of technologically efficient ways of reducing fuel consumption. And one of the best ways to cut fuel consumption is through improved management of vehicle assets and driver activity with the use of tracker devices.

The reason why companies use GPS vehicle trackers is that the tracking devices can determine every route a driver traveled, length of time a driver was parked at any given location, the speed a driver traveled throughout the day and more. Critical data can help a business gauge whether or not employees are misusing company vehicles, taking longer than normal routes or leaving company cars in an idle position for no reason. As one limo company based in the Tacoma, Washington region explained, “GPS tracking systems can’t improve fuel efficiency, but they can improve driver efficiency and that can be even better for business.”

Investment in Eco-friendly hybrid vehicles is still not an option for many small businesses due to cost, and that means better fuel management is the best option to cut overhead while improving driver efficiency. Vehicle tracker devices provide the avenue to conduct oversight, and as long as gas prices continue to climb, GPS tracking devices will also climb in demand.